Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago,

User Stats

4
Posts
1
Votes
Thor Klein
1
Votes |
4
Posts

How to buy first investment property without traditional loan

Thor Klein
Posted

Hello bigger pockets community,

I am 23 years old and am very motivated to buy my first investment property sooner rather than later. I have read several real estate investing books and listen to a lot of bigger pockets podcasts but am still new and fairly inexperienced to real estate investing and realize that taking action is the key. 

I have around 40-50k that I can put into a down payment but my main hurdle is financing the property. I am not able to qualify for a traditional loan due to my lack of job history. I am posting on here to see if anyone has any tips or suggestions on how to buy an investment property without traditional financing. I live in San Diego so am looking for an out of state investment because I am not able to afford a SFH here as they are too expensive. Any out-of-state investing advice would be greatly appreciated as well!


Thank you for the suggestions!!

Loading replies...